Komori
Ocean System (3096) · InitiativeRestated

Application of the Accounting Standard for Fair Value Measurement

First written in FY2022-Q1. 3 of 4 entries say "Restated". Latest entry: FY2022.

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ProgressHeldSoftenedWorseRestatedFY2022-Q1 – FY20222021: 220212022: 22022
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  1. FY2022RestatedAnnual report

    「The "Accounting Standard for Fair Value Measurement" and other standards have been applied from the beginning of the current consolidated fiscal year, and the new accounting policies prescribed by the fair value measurement accounting standards and other standards have been applied prospectively. This has had no impact on the consolidated financial statements.」

    The company continued to disclose the application of the accounting standards for fair value measurement and related standards in its annual report, confirming that they have no impact on the consolidated financial statements.
  2. FY2022-Q3RestatedAnnual report

    「The Accounting Standard for Fair Value Measurement and related standards were applied from the beginning of the first quarter of the consolidated accounting period, and the new accounting policies prescribed by the Fair Value Measurement Accounting Standard and related standards will be applied prospectively. There is no impact on the quarterly consolidated financial statements.」

    The company continues to disclose the application of the accounting standards for fair value measurement and related standards, stating that they have no impact on the quarterly consolidated financial statements.
  3. FY2022-Q2RestatedAnnual report

    「The Accounting Standard for Fair Value Measurement and related standards were applied from the beginning of the first quarter of the consolidated accounting period, and the new accounting policies prescribed by the Fair Value Measurement Accounting Standard and related standards will be applied prospectively. There is no impact on the quarterly consolidated financial statements.」

    The company continues to disclose the application of the accounting standards for fair value measurement and related standards, stating that they have no impact on the quarterly consolidated financial statements.
  4. FY2022-Q1First statedAnnual report

    「The company adopted the “Accounting Standard for Fair Value Measurement” (Accounting Standards Board of Japan Statement No. 30, 4 July 2019; hereinafter, the “Fair Value Measurement Standard”) and other standards from the beginning of the first quarter of the current consolidated fiscal year. In accordance with the transitional treatment prescribed in Paragraph 19 of the Fair Value Measurement Standard and Paragraph 44-2 of the “Accounting Standard for Financial Instruments” (Accounting Standards Board of Japan Statement No. 10, 4 July 2019), the company will apply the new accounting policies prescribed by the Fair Value Measurement Standard and other standards prospectively.」

    The Company applied the Fair Value Measurement Standard and other standards from the beginning of the first quarter of the current consolidated fiscal year and stated for the first time that it would apply the new accounting policies prospectively.
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Ocean System's next results are scheduled for 2026-11-12. Read the earnings preview
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